Question

itc ltd issued 1100 5% debentures of 100 each on 1st january ,2011 redeemable at par. the company decided to set aside every year a sum of rs 34893 to be invested @ 5% outside the business. the investments were sold at rs 71580 at the end of the third year and the debentures were reedemed .give journal entries.also prepare sinking fund account and sinking fund investment account.
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Answer 1

Answer:

Step 1: Decide on the 'Terms of reference' ...

Step 2: Decide on the procedure. ...

Step 3: Find the information. ...

Step 4: Decide on the structure. ...

Step 5: Draft the first part of your report. ...

Step 6: Analyse your findings and draw conclusions. ...

Step 7: Make recommendations. ...

Step 8: Draft the executive summary and table of contents.